Industry News

Sun Chemical Finalizes JV Formation with Alliance Holding Company

Published on 2017-11-27. Author : SpecialChem

Sun Chemical

Sun Chemical has finalized the formation of a joint venture with Alliance Holding Company (parent company of Ink Products Company) and will operate under the name Sun Chemical Saudi Arabia.

Joint Venture with Alliance Holding Company

One of the leading manufacturers of printing inks in the Arabian Peninsula, Sun Chemical Saudi Arabia will continue to be one of the leading ink suppliers to the packaging and publication market in the region. The joint venture reinforces Sun Chemical’s commitment to the growing packaging printing markets across the Middle East.

Sun Chemical previously announced that it will own the majority share in the new joint venture. Terms of the deal were not disclosed.

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Source: Sun Chemical
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